Tag Archive: Pensions

Actuarial Post: Providers face witch-hunt on exit charges This article was originally commissioned for the July/August 2015 edition of the Actuarial Post. In Arthur Miller’s play ‘The Crucible’, a witch-hunt kills many innocent victims as hysteria, rather than rational analysis, takes hold in the small village of Salem in Massachusetts […]

The flood gates are about to open. Less than 50,000 employers had auto-enrolled by the start of this year and a similar number will do so by the end of 2015, as more medium and smaller employers come on stream. However, it is in 2016 when the big push will […]

From left to right are Philip Naughton, Executive Director Business Development at Exaxe and Tom Lane, Head of IT at AXA Life Invest. Photograph taken by Philip Leonard. NEWS RELEASE: Dublin, Ireland, 3rd March 2015. “We are delighted to announce AXA Life Invest has gone live with Exaxe’s flagship product […]

The OECD has made a diplomatic intervention to critique mildly the UK government’s abolition of the annuitisation rules for pensions. One does not have to be Sherlock Holmes to spot the clues that reveal that the OECD is actually aghast at the extent of the change. This policy runs against […]

“And we’re going to introduce a new guarantee, enforced by law, that everyone who retires on these defined contribution pensions will be offered free, impartial, face-to-face advice on how to get the most from the choices they will now have.” (Emphasis mine) These are the words of the Chancellor George […]

Just as the Chancellor decides that people are experienced enough to make the right decisions on pensions, evidence from Australia has surfaced to show that this may be completely the wrong approach. In the Australian superannuation system, the money that has been accruing into ones pension fund at retirement can […]

The Motown label’s first hit was Barret Strong’s “Money (That’s What I Want)” and it went to number 23 in the US charts in 1960. 53 years later and the song will be echoing through the Detroit suburbs as a landmark ruling by Justice Rhodes in the Detroit municipal bankruptcy […]

The recent call by the TUC’s General Secretary, Frances O’Grady, for the planned rises in state pension age to be scrapped until life expectancy is levelled all over the country is a worrying case of sloppy thinking from someone who is supposed to be addressing issues on behalf of a […]

By Tom Murray, Head of Product Strategy, Exaxe. Up to the late-19th century, everyone provided for his or her own retirement either by saving or by using “The Waltons method” of having large families, who would take over the farm and run it when you got too old to do […]

When Sir Boyle Roche, an Irish politician in the 18th Century heard it posed in the Irish House of Commons that the government had no right to load posterity with a debt for what could in no degree operate to their advantage, he memorably responded “Why should we put ourselves […]

Don't miss reading December's edition of #Investment #Life & #Pensions #Moneyfacts magazine. Inside the last edition of the year is a special focus, articles from @CanadaLifeGrpUK @lv @Exaxe & much more! Read now - https://t.co/BT2v6Uocnc #ILPMag #Finance